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4862 139th Avenue NEHam Lake, MN 55304

$3.095 million

5 bedrooms · 7 bathrooms · 7,347 finished sq ft · 2.37 acre lot

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About this home

Elwell Farms is an exclusive, master planned enclave spanning 515 pristine acres and bordering the protected beauty of the Carlos Avery Wildlife Management Area. With 106 acreage homesites, this distinguished community offers privacy, serenity, and an exceptional standard of luxury living. Hanson Builders presents 15 premier homesites in Phase 1, many showcasing picturesque wooded settings and tranquil pond views. This exceptional home is set on a picturesque 2.37 acre lot. Discover unique details sprinkled through the home — including 10' main level ceilings accented by 9 wood beams that extend across the Kitchen and Great Room, a vaulted Sunroom with floating beams, while the dining room is finished with an elegant wood ceiling. The gourmet Kitchen is designed to impress, overlooking a single Dining area and complemented by a spacious Prep Kitchen equipped with a second refrigerator, double ovens, center island, and abundant storage. The upper level includes four bedroom suites, included a private owner’s suite, bonus room, and a conveniently located laundry area. The lower level provides space for recreation and relaxation, featuring an indoor sport center, a large exercise area, a wellness room with a cold plunge and sauna, a wet bar and game room, and an additional fifth bedroom. A 1,263 SQFT insulated and heated garage with floor drains and electric car charger. The whole home is wrapped in James Hardie cement board siding and Marvin windows. Life at Elwell Farms is enhanced by resort-inspired community amenities, including a pool and clubhouse, playground with picnic pavilion, pickleball courts, fishing pier, and miles of scenic walking trails. Elwell Farms offers a rare opportunity to enjoy refined luxury in a truly extraordinary natural setting.

Home facts

Home type
Condo
Style
Single Family Residence
Year built
2027
Bedrooms
5
Bathrooms
7
Finished sq ft
7,347
Lot
2.37 acres
Garage
4 stalls
Basement
Walk-Out Access, Finished, Sump Pump
Heating
Natural Gas, Forced Air
Cooling
Central Air
Property taxes
$176 a year
HOA / association fee
$100
Listed
August 21, 2026
MLS number
7131430

Broker ReciprocityListing courtesy of Edina Realty, Inc. (Lucas K Hanson). MLS #7131430.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

4862 139th Avenue NE, Ham Lake, MN 55304 is a newly built 5-bedroom condo, listed for $3.095 million on August 21, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 12 condos for sale in Ham Lake right now (median $1.84445 million; $421 per square foot here against $362 for the group). That works out to $421 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

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Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.

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